Societa Figlt Di Ragusa Inc is located in Brooklyn, NY. The organization was established in 1991. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Societa Figlt Di Ragusa Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Societa Figlt Di Ragusa Inc generated $28.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $32.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SOCIAL AND CIVIC SUPPORT FOR MEMBERS AND COMMUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincenzo Licitra Acting President | 5 | $0 | |
Tommaso Intravaia 2nd Vice President | 5 | $0 | |
Salvino Arezzo Treasurer | 5 | $0 | |
Vincenzo Burafato Chairman | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,055 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,900 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,000 |
| Total Revenue | $27,955 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $25,870 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,005 |
| Total expenses | $32,475 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,646 |
| Other assets | $0 |
| Total assets | $109,646 |
| Total liabilities | $3,839 |
| Net assets or fund balances | $105,807 |